“We believe industry growth requires healthy brands across all segments, and we won’t stop trying to be part of the solution to grow beer,” wrote MillerCoors vice president of national craft and innovation Bryan Ferschinger and MillerCoors president of sales and distributor operations Kevin Doyle, in a note to employees and distributors. “At the same time, right now we simply cannot get to profitable growth without significant improvement in Coors Light and without gaining a bigger piece of (the) above premium (segment.)”

MillerCoors intends to focus spending behind Coors Light, the nation’s No. 2-selling beer, and Miller Lite, which has posted volume gains in nine of the most-recent 10 4-week periods, according to Nielsen all-outlet and convenience data through July 24. It also plans to invest further into above-premium brands like Arnold Palmer Spiked and Sol to further stoke growth, Ferschinger and Doyle wrote.

“We plan to aggressively pursue innovation that will build our business and transform our portfolio,” Ferschinger says. “MillerCoors remains committed to quality and innovation, and we aren’t afraid to try new things.”